RGLD Royal Gold Inc

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 10, 2015

 

ROYAL GOLD, INC.

(Exact name of registrant as specified in its charter)

 

Delaware	001-13357	84-0835164
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

 

1660 Wynkoop Street, Suite 1000, Denver, CO	80202-1132
(Address of principal executive offices)	(Zip Code)

 

Registrant’s telephone number, including area code: 303-573-1660

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

 

Item 8.01

Other Events.

 

On November 10, 2015, Royal Gold, Inc. issued a press release announcing an increase in the Company’s annual dividend from $0.88 to $0.92, payable on a quarterly basis. The press release is filed herewith and is incorporated by reference herein.

 

Item 9.01

Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.		Description
99.1		Press Release regarding dividend increase, dated November 10, 2015.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	Royal Gold, Inc.
	(Registrant)
Dated:  November 12, 2015	By:	/s/ Bruce C. Kirchhoff
		Name:	Bruce C. Kirchhoff
		Title:	Vice President, General Counsel
			and Secretary

  

EXHIBIT INDEX

 

Exhibit No.		Description
99.1		Press Release regarding dividend increase, dated November 10, 2015.

 

 

Exhibit 99.1

 

 

 

Royal Gold Increases Common Stock Dividend 5% to $0.92 per Share

 

DENVER, COLORADO. NOVEMBER 10, 2015: ROYAL GOLD, INC. (NASDAQ: RGLD; TSX: RGL) (“Royal Gold” or the “Company”), today announced that its Board of Directors increased the Company’s annual dividend for its shares of common stock from $0.88 to $0.92 per share, payable on a quarterly basis of $0.23 per share. The newly declared dividend is 5% higher than the dividend paid in calendar year 2015. Royal Gold has steadily increased its annual dividend every year since 2001.

 

The Board declared the dividend of $0.23 per share will be payable on January 22, 2016, to shareholders of record at the close of business on January 8, 2016.

 

Tony Jensen, President and CEO, commented, “For 15 consecutive years, Royal Gold has increased its annual dividend. Our strong cash flow from operations has allowed us to balance growth with return of capital at a time when others are reducing or eliminating dividends. We recently completed four streaming transactions which we expect to strengthen our cash flow position even further as these new streams are integrated into the portfolio.”

 

Royal Gold is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, streams, and similar production based interests. The Company owns interests on 197 properties on six continents, including interests on 39 producing mines and 23 development stage projects. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol “RGLD,” and on the Toronto Stock Exchange under the symbol “RGL.” The Company’s website is located at www.royalgold.com.

 

For further information, please contact:

 

Karli Anderson

Vice President Investor Relations

(303) 575-6517

 

 

Exhibit 99.1

 

Cautionary “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained herein. Such forward-looking statements include expectations concerning growth of the Company’s cash flow; and statements about growth and development at operations which are subject to our streaming agreements. Please see the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission for a discussion of the Company’s risks and uncertainties. Readers are cautioned not to put undue reliance on forward-looking statements.